Watch LIVE the focusIR May Investor webinar with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund here.

Less Ads, More Data, More Tools Register for FREE

Successful Dismissal of TLG Petition

22 Jul 2021 12:35

RNS Number : 1684G
ATLAS Mara Limited
22 July 2021
 

22 July 2021

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

Atlas Mara Limited

(the "Company")

Atlas Mara Announces Successful Dismissal of TLG Petition

Atlas Mara Limited ("Atlas Mara" or the "Company," and including its subsidiaries, the "Group"), the sub-Saharan African financial services group, hereby provides an update on the outcome of the application by TLG to appoint joint liquidators in respect of the Company.

 

As announced on 17 February 2021, TLG ATMA Ltd ("TLG") had filed an application with the High Court of Justice (Commercial Division) of the Eastern Caribbean Supreme Court, British Virgin Islands seeking to appoint joint liquidators in respect of the Company (the "Application").

 

The Company is pleased to announce that it has successfully defended the TLG Application. On 21 July 2021, the High Court of Justice (Commercial Division) of the Eastern Caribbean Supreme Court, British Virgin Islands dismissed the Application in all respects. This outcome is in the best interest of all stakeholders and is a vindication of the Company's position.

 

Contact Details:

Investors

Kojo Dufu, +1 212 883 4330

Media

Apella Advisors, +44(0) 7818 036 579

Anthony Silverman 

About Atlas Mara

Atlas Mara Limited (LON: ATMA) is a financial institution listed on the London Stock Exchange. For more information, visit www.atlasmara.com.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
STRFLFVLDSIFFIL

Related Shares

Back to RNS

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.